NSW gaming regulator finds Blackstone 'suitable' to hold licence for Sydney casino

 Corporate equity giant Blackstone is a step closer to its takeover of Crown Resorts after gaming regulators in NSW and Victoria ruled it was "suitable" to hold a casino licence. 

The approval means Blackstone has passed a crucial test in its bid to own and operate Crown's Sydney casino at Barangaroo.

NSW Independent Liquor & Gaming Chairperson Philip Crawford said Blackstone had been subjected to an extensive probity assessment.

"The probity assessment has also resulted in certain persons being approved to become "close associates" of Crown Sydney," he said. 

Read More: https://www.abc.net.au/news/2022-06-09/crown-takeover-blackstone-suitable-for-casino-licence/101137822



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